Tuesday, January 21, 2020
The Purpose of the Federal Reserve System Essay -- The Fed and the Eco
Over the past few years we have realized the impact that the Federal Government has on our economy, yet we never knew enough about the subject to understand why. While taking this Economics course it has brought so many things to our attention, especially since we see inflation, gas prices, unemployment and interest rates on the rise. It has given us a better understanding of the effect of the Government on the economy, the stock market, the interest rates, etc. Since the Federal Government has such a control over our Economy, we decided to tackle the subject of the Federal Reserve System and try to get a better understanding of the history, the structure, and the monetary policy of the power that it holds. The Federal Reserve System is the central banking authority of the United States. It acts as a fiscal agent for the United States government and is custodian of the reserve accounts of commercial banks, makes loans to commercial banks, and is authorized to issue Federal Reserve notes that constitute the entire supply of paper currency of the country. Created by the Federal Reserve Act of 1913, it is comprised of 12 Federal Reserve banks, the Federal Open Market Committee, and the Federal Advisory Council, and since 1976, a Consumer Advisory Council which includes several thousand member banks. The board of Governors of the Federal Reserve System determines the reserve requirements of the member banks within statutory limits, reviews and determines the discount rates established pursuant to the Federal Reserve Act to serve the public interest; it is governed by a board of nine directors, six of whom are elected by the member banks and three of whom are appointed by the Board of Govern ors of the Federal Reserve System. The Federal Reserve banks are located in Boston, New York, Philadelphia, Chicago, San Francisco, Cleveland, Richmond, Atlanta, Saint Louis, Minneapolis, Kansas City and Dallas. The Federal Open Market Committee, consisting of the seven members of the Board of Governors and five members elected by the Federal Reserve banks, is responsible for the determination of Federal Reserve Bank policy in the purchase and sale of securities on the open market. The Federal Advisory Council, whose role is purely advisory, consists of 12 members if they meet membership qualifications. The Federal Reserve System exercises its regulatory powers in seve... ...erve. We feel that the latter is on the radical side of thinking, and that overall the Federal Reserve has the best interest of the nation and international economy in all their decisions regarding the increases in interest rates, etc. Since the onset of the Federal Reserve we have not gone into a major depression, and over a course of time there will be times when our economy will peak and boom and the Fed will feel that it is time to slow the economy by raising the rates. Bibliography FED 101 Hosted by The Federal Reserve Bank of Kansas City. http://www.kc.frb.org/fed101 Friedman, Milton and Jacobson Schwartz, Anna. A Monetary History of the United States, 1867-1960. Princeton, 1963 Hailstones, Thomas and Rothwell, John. Managerial Economics, 1993. Prentice Hall, 1993 Metzler, Allan H. A History of the Federal Reserve, Vol I and II. University Press Books, 2002 National Information Center for the Federal Reserve System. http://www.ffiec.gov/nic Rabboh, Bob and Bartson, Ronald J. Principles of Economics. Pearson, 2002 The Federal Reserve Board. http://www.federalreserve.gov The Federal Reserve System Online. http://www.federalreserveonline.org
Monday, January 13, 2020
The Difference Between Administrative Management
CHARTERED INSTITUTE OF ADMINISTRATORS AND MANAGEMENT CONSULTANTS-GHANA POST EXPERIENCE QUALFYING PROGRAMME SUBJECT: PROFESSIONAL ADMINISTRATION PREPARED BY: KWEKU OKOAMPAH SARPONG STUDENT NUMBER:ST/PEQP/AU/12/002 DATE: 10TH NOVEMBER 2012 Question 1 Discussed the difference between Administrative Management and Professional Administration In any business venture the collective responsibility of the personnel running it, is to make it profitable and work with a common goal of giving it an annual growth.A good and disciplined administration combined with efficient management is the prerequisites for running a profitable business and giving it annual growth. Professional Administration and Administrative Management are like two hands of a business that work in synch to achieve the goals that are set by the organisation. Administration is sometimes used to refer to the activities of the higher level of the management group who determine major aim and policies. This can be called the broad er use of the term which often used in government department (e. g. he civil service). It is also used in the narrow sense of controlling the day to day running of the enterprise. Administration on one hand provides the organisation with the required goals and workforce whereas management provided the means to achieve the goals effectively and efficiently. Brech defines administration as: ââ¬Ëthat part of the management process concerned with the institution (development) and carrying out of procedures by which the programme is laid down and communicated, and the progress of activities is regulated and checked against targets and plans. Robert C. Appleby (1994) describes administrative management as a sub-system within the total environment of an enterprise. The Institute of Administrative Management defined administrative management, within the context of office management, as: ââ¬Å¾that branch of management which is concerned with the services of obtaining, recording and anal yzing information, of planning, and of communicating, by means of which the management of a business safeguards its assets, promotes its affairs, and achieves its objectives?The administrative management function facilitates planning, coordinating, directing and controlling activities across all functional areas in organizations. As such, it can be seen as the nervous system of organizations, directing and coordinating all parts and ensuring that the whole body functions smoothly and efficiently. Administrative Management can also be said to be the process of creating information system and supervising its flow from, and to others within an organization.Most job functions within a business involve performing some form of administrative management in order to store and pass on information to those within the company who need to use it in order to contribute to the business. Professional administration on the other hand is the study of contemporary organizational principles with an em phasis on their applications in the modern workplace whether in the administrative and leadership skills of private, public organization, and non-profit organizations. This discipline is closely associated with public administration.The International Association of Administrative Professionals (IAAP) defines administrative professionals or professional administrators as individuals who are responsible for administrative tasks and coordination of information in support of an office related environment and who are dedicated to furthering their personal and professional growth in their chosen profession. Professional Administration is also about a framework of corporate governance, communication, and the handling of information, in a rational approach to identifying needs, making and implementing decisions, and monitoring and reviewing performance.Professional Administration is a business management principle, concerned with total stakeholder interest, organizational security, sound an d strategic economic decision process, and ethical discipline There is a continuous debate whether or not management or administration is a profession. The following are the difference between Administrative Management and Professional Administration. â⬠¢ In Administrative Management, there are no formal educational requirement for entry â⬠¢ It does not require specific clients. They serve a broad group of organisation. ââ¬Ëstockholdersââ¬â¢ There is no system of accreditation or licensing â⬠¢ In Administrative Management there is no clear code of management ethics that is universally enforced by peer review. â⬠¢ There are no common bodies of knowledge that are required for someone to be a manager. Where as in Professional Administration: â⬠¢ There exist a body of principles, skills and techniques and specialized knowledge. â⬠¢ There are also formal methods of acquiring training and experience. â⬠¢ There are code of ethics regulating relations of pr ofessional persons with clients and colleagues. Such as the Hippocratic Oath of medical professionals. There exist also mandatory continuous professional development programmes for members. Despite the above differences, we can say that management is coming closer than ever before to satisfy these criteria for professionals. This is seen in the development of skills and techniques, more training facilities and greater use of management consultants. Question 2 Identify communication barriers and describe ways to remove them Effective communication is the essence of leadership and management. It is neither top-down nor bottom-up, but two-way and continuous. Related article: Limitations of Administrative ManagementCombine different media and techniques to give the right message to the right people at the right time. Good communication of any kind always aims to meet the needs of all parties. Definition ââ¬â Communication is the discriminatory response of an organism to a stimulus. It is a process by which information is exchanged between or amongst individuals through a common system of symbols, signs and behavior (- Himstreet). Communication is the key factor in the success of any organization. When it comes to effective communication, there are certain barriers that every organization faces.People often feel that communication is as easy and simple as it sounds. While this is true on one level, what makes it complex, difficult and frustrating are the barriers that come in its way. There are several barriers that affect the flow of communication in an organization. These barriers interrupt the flow of communication from the sender t o the receiver, thus making communication ineffective. It is essential for managers to overcome these barriers. The main barriers of communication are summarized below. |Perceptual and Language Differences: Perception is generally how each individual interprets the world around him.All generally want to | | |receive messages which are significant to them. But any message which is against their values is not accepted. A same event may be taken | | |differently by different individuals. The linguistic differences also lead to communication breakdown. Same word may mean different to | | |different individuals. | | |Information Overload: Managers are surrounded with a pool of information. It is essential to control this information flow else the | |information is likely to be misinterpreted or forgotten or overlooked.As a result communication is less effective. | |Time Pressures: Often in organization the targets have to be achieved within a specified time period, the failure of which h as adverse | |consequences. In a haste to meet deadlines, the formal channels of communication are shortened, or messages are partially given, i. e. , not | |completely transferred. Thus sufficient time should be given for effective communication. | | | |Distraction/Noise: Communication is also affected a lot by noise to distractions.Physical distractions are also there such as, poor | |lightning, uncomfortable sitting, unhygienic room also affects communication in a meeting. Similarly use of loud speakers interferes with | |communication. | |Emotions: Emotional state at a particular point of time also affects communication. If the receiver feels that communicator is angry he | |interprets that the information being sent is very bad. While he takes it differently if the communicator is happy and jovial (in that case | |the message is interpreted to be good and interesting). |Complexity in Organizational Structure: Greater the hierarchy in an organization (i. e. more the number of ma nagerial levels), more is the | |chances of communication getting destroyed. Only the people at the top level can see the overall picture while the people at low level just | |have knowledge about their own area and a little knowledge about other areas. | |Poor retention: Human memory cannot function beyond a limit. One canââ¬â¢t always retain what is being told specially if he is not interested or| |not attentive. This leads to communication breakdown. | |There is a lot of communication barriers faced these days by all.The message intended by the sender is not understood by the receiver in | |the same terms and sense and thus communication breakdown occurs. It is essential to deal and cope up with these communication barriers so | |as to ensure smooth and effective communication. | | | |How to Remove/overcome these barriers of communication: | |Eliminating differences in perception: The organization should ensure that it is recruiting right individuals on the job.Itââ¬â¢s the | |responsibility of the interviewer to ensure that the interviewee has command over the written and spoken language. There should be proper | |Induction program so that the policies of the company are clear to all the employees. There should be proper trainings conducted for | |required employees (for e. g. : Voice and Accent training). | |Use of Simple Language: Use of simple and clear words should be emphasized. Use of ambiguous words and jargons should be avoided. | |Reduction and elimination of noise levels: Noise is the main communication barrier which must be overcome on priority basis.It is essential| |to identify the source of noise and then eliminate that source. | |Active Listening: Listen attentively and carefully. There is a difference between ââ¬Å"listeningâ⬠and ââ¬Å"hearingâ⬠. Active listening means hearing | |with proper understanding of the message that is heard. By asking questions the speaker can ensure whether his/her message is understood or | |n ot by the receiver in the same terms as intended by the speaker. | |Emotional State: During communication one should make effective use of body language.He/she should not show their emotions while | |communication as the receiver might misinterpret the message being delivered. For example, if the conveyer of the message is in a bad mood | |then the receiver might think that the information being delivered is not good. | | | |Simple Organizational Structure: The organizational structure should not be complex. The number of hierarchical levels should be optimum. | |There should be an ideal span of control within the organization.Simpler the organizational structure, more effective will be the | |communication. | |Avoid Information Overload: The managers should know how to prioritize their work. They should not overload themselves with the work. They | |should spend quality time with their subordinates and should listen to their problems and feedbacks actively. | |Give Constructive Fee dback: Avoid giving negative feedback. The contents of the feedback might be negative, but it should be delivered | |constructively. Constructive feedback will lead to effective communication between the superior and subordinate. |Proper Media Selection: The managers should properly select the medium of communication. Simple messages should be conveyed orally, like: | |face to face interaction or meetings. Use of written means of communication should be encouraged for delivering complex messages. For | |significant messages reminders can be given by using written means of communication such as: Memos, Notices etc. | |Flexibility in meeting the targets: For effective communication in an organization the managers should ensure that the individuals are | |meeting their targets timely without skipping the formal channels of communication.There should not be much pressure on employees to meet | |their targets. | | | | | |Question 3 | |What are the advantages and disadvantages of having o ne person hold the offices of Chairman of the Board and CEO? |Corporate management usually consists of a board of directors and corporate officers. The board appoints the senior corporate officers, such| |as the chairman, and chief executive officer. Some companies combine the Chairman and CEO roles, while others appoint different individuals | |for each position. | |Advantages: | |Having clear and unambiguous authority concentrated in one person is essential to effective management.Unity of command creates clear lines| |of authority to which management (and the board) can respond more effectively | |Another advantage is, in an environment where strong, directive, stable, and unconfused leadership is seen as critical to organizational | |success; this kind of legitimacy is an important signal to stakeholders about who is accountable. | |Having one person combining the CEO and Chair positions enhances the boardââ¬â¢s management performance. The board ââ¬Ëmanagement responsibili ties | |require that it make key decisions affecting the company. |A combined CEO-Chair, provides the board with more complete and timely information about the company, provides the company with a unified | |command structure and a consistent leadership direction, and creates a collaborative and collegial environment for board decision making | |Board Chair who also serves as the CEO is likely to spend more time at the company, to have more detailed information about the strengths | |and weaknesses of the company, and to have a deeper understanding of the operational and financial health of the company. |Disadvantages: | |There is a conflict of interest on one person hold both position of a board chairman and a CEO of an organization. | |When the chairman is also the CEO, Management has a de facto control. Yet the board is supposed to be in charge of management. Checks and | |balances have been thrown to the wind. | |Having a one acting as a board Chair and a CEO of the company it d oes not bring fresh knowledge and an insight to the boardââ¬â¢s | |decision-making process. | |Another disadvantage is that once the there is a of separating the CEO and Chair positions the board will not be able to performs its | |monitoring role better when there is a nonexecutive Chair.The monitoring role requires directors to exert oversight over corporate managers| |in order to detect and discipline managerial inefficiencies and misconduct. Thus, duality may cause failure by the board to effectively | |monitor and control. | | | | | | | 3. b) What are the pros and cons of selecting an insider versus an outsider?Pros for an insider: â⬠¢ A positive wave in the next line of managers that hard-work will pay off and they can get a promotion if they can prove themselves. â⬠¢ Being well known to the decision makers â⬠¢ He /she would know the existing processes and flows in them and would be easily able to identify the weak-links easily and can cure with their expertise. Existing domain business and organization culture knowledge would help internal CEO. â⬠¢ Will increase the confidence in level of every employee and make them believe that everyone will have equal opportunity of getting promoted to next if they can perform. Would be able to team up easily with existing team and would be able to guide them in showing them new path or direction. Cons for an insider: â⬠¢ The inevitable presence of adversaries within the organization who may work subtly to tarnish the performance of the new CEO â⬠¢ Sometimes if he/she is not able to bring up the new ideas it could washout the bringing in new person. â⬠¢ Acceptance of new CEO from within would be a question when he/she has been picked up from the second line of management. â⬠¢ Having their weakness well known to the selection groupPros for an outsider: â⬠¢ Would be able to bring new ideas based on their experiences from different work culture where they have been working â⬠¢ Will be able to see things as an outsider easily and so will be able to provide corrective actions whenever required. â⬠¢ Could bring a positive energy into existing workforce when they were not able to see any light of hope with existing process or management. Would bring in best practices from the other organisations he/she might have worked with and very much helpful if he is having past experience in similar domain. Act as a catalyst for change, for example loosen established patterns. â⬠¢ Entering into an atmosphere of optimism and hope to capitalize strongly on the opportunity at hand. Cons for an outsider: â⬠¢ Recommending precisely what insiders had been unsuccessfully suggesting for ages or missed recommending what insiders had been unsuccessfully suggesting for ages. â⬠¢ Absence of strong relationships with both major vendors and customers and perhaps a narrow window within which to build them â⬠¢ Explaining things in ways that annoyed insiders or made them feel misunderstood, under-represented or wronged. Initials board skepticism of the candidateââ¬â¢s ability to lead the enterprise as a result of the new CEOââ¬â¢s lack of understanding and the appreciation of the enterprise. Question 4 What elements would characterize an effective working relationship between a Board and a CEO? The board of directors chooses the CEO and delegates to him or her, the responsibility for running the company. Thus begins a hopefully productive, albeit complex, relationship. The boardââ¬â¢s role in this relationship is first to understand and approve of the CEO? s strategies and plans and then to monitor the execution of those plans and to periodically evaluate the results.Finally, the board must decide whether, when, and how it should intervene. How the board executes its role is critical to the success of the relationship and, ultimately, of the business. The essential relationships will provide both the board and CEO with a clear understa nding of the effective CEO-Board relationship and to enable boards and CEO to both assess and improve their current performance in delivering against each of their relationship attributes. The following are some of the identified element that will characterize an effective relationship between a Board and a CEO: â⬠¢ Commits to act in the best interest of the organisation.All parties recognize and embrace their obligation to work in the best interest of the organisation â⬠¢ Builds close but independence relationships: Board members should not let personal friendships with the CEO interfere with carrying out their responsibilities. Independence of board members from a CEO does not require an adversarial relationship; to the contrary, the parties must establish and develop effective ways of communicating and working together in a collaborative partnership built on mutual respect.All parties work to build robust professional relationships but ensure that these relationships demo nstrate the independent required for the CEO to do his/her job and for the board to maintain objectivity in reviewing the CEOââ¬â¢s recommendations and performance. â⬠¢ Establishes distinct roles and responsibilities: both the Board and the CEO maintains clearly defined and communicated roles and responsibilities. All parties are completely knowledgeable about their own responsibilities and the responsibilities of their counterpart. â⬠¢ Effectively advises the CEO: the board serves as a critical mentor and advisor to the CEO.Beyond ability to advice on the content of strategic decisions, the chairman provides thoughtful, actionable guidance on how to effectively translate strategy into action. The board maintains an open-door policy for the CEO to seek guidance. â⬠¢ Establishes precise expectation: all parties set distinct expectations for themselves and for each other. All parties establish clear objectives. All parties keep their promises. â⬠¢ Demonstrates humil ity, self-awareness and a ââ¬Å"low-ego approachâ⬠: all parties bring a genuine level of intellectual and professional humility to each interaction.They are all self aware of their strength, weakness and limitations. They are comfortable with having their ideas rigorously challenge. â⬠¢ Board members should not let personal friendships with the CEO interfere with carrying out their responsibilities. â⬠¢ Demonstrate honesty, trust, respect and transparency: all parties work to establish relationships characterized by the highest standards of honesty, trustworthiness, respect and transparency. All parties work to create an environment characterizes by mutual respect and are fully transparent regarding their opinions, plans and underlying motivations.To execute its responsibilities well, the board must have a workable governance model. Such a model should address issues central to establishing and maintaining an effective process for making and administering corporate pol icy. A governance model should include routine approaches to the following: â⬠¢ Choosing or clarifying the business or businesses in which the corporation will operate â⬠¢ Hiring the right people in terms of both their abilities and their values â⬠¢ Aligning the interests of the board and management with those of the shareholders Developing mutually agreeable goals, policies, and standards of performance for the CEO â⬠¢ Evaluating plans to achieve agreed-upon goals â⬠¢ Remaining knowledgeable about the firmââ¬â¢s activities and performance and evaluating the results â⬠¢ Reacting appropriately to the results by holding management accountable and rewarding or intervening as necessary Boards of directors creating and following this or a similar governance model should be well on their way to establishing productive partnerships with their CEOs. Board members are advised to recall the paramount importance of hiring an effective CEO for the firm.The right perso n for the situation will strive to solve Problems that might exist and seek to improve upon established methods. The wrong person, however, is likely to create new problems for the firm and the board. Question 5 a) Examine the importance of eradicating white collar crime and its impact on the integrity of the CEO. Criminologist and sociologist Edwin Sutherland first popularized the term ââ¬Å"white collar crimeâ⬠in 1939, defining such a crime as one ââ¬Å"committed by a person of respectability and high social status in the course of his occupation. Sutherland also included crimes committed by corporations and other legal entities within his definition. Sutherlandââ¬â¢s study of white collar crime was prompted by the view that criminology had incorrectly focused on social and economic determinants of crime, such as family background and level of wealth. According to Sutherlandââ¬â¢s view, crime is committed at all levels of society and by persons of widely divergent so cio-economic backgrounds. In particular, according to Sutherland, crime is often committed by persons operating through large and powerful organizations.White collar crime, Sutherland concluded, has a greatly-underestimated impact upon our society. Sutherlandââ¬â¢s definition is now somewhat outdated for students of the criminal law. As white collar crime began to capture the attention of prosecutors and the public in the mid-1970s, the term came to have definitions quite different from the one Sutherland used. Indeed, studies have shown that crimes we generally consider ââ¬Å"white collar,â⬠such as securities fraud and tax fraud, are committed not just by persons of ââ¬Å"high social statusâ⬠but by people of divergent backgrounds.Thus, although the term ââ¬Å"white collar crimeâ⬠is a misnomer, it continues in widespread use. This is probably so because ââ¬Å"white collar crimeâ⬠provides a convenient moniker for distinguishing such crime in the public mind from ââ¬Å"commonâ⬠orâ⬠streetâ⬠crime. Definitional, therefore, white collar crime is an activity ââ¬Å¾committed by a person of respectability and high social status in the course of their occupation?. Furthermore, crimes undertaken by corporations and other legal entities are also encompassed in this definition. Types of White-Collar CrimeThere are several types of white collar crimes, which include, but not limited to: Corporate fraud: This can involve activities such as: falsification of financial information including: false accounting entries, bogus trades designed to inflate profit or hide losses; and false transactions designed to evade regulatory oversight. Self-dealing by corporate insiders, including: Insider trading, kickbacks, backdating of executive stocks option, misuse of corporate property for personal gain, and individual tax violations related to self-dealingFinancial fraud Healthcare fraud: Altered or fabricated medical bills and other doc uments, excessive or unnecessary treatment or surgeries, Internet pharmacy fraud, auto accident insurance fraud, Medicare prescription drugs, prescription of dangerous drugs, medical equipment, and hospital fraud. This is usually carried out by different aspects of a health care system and could include billing for services not rendered; payment claims different from the rendered services, double billingMortgage fraud; Mortgage fraud indicators includes: ââ¬â inflated appraisals, increased commissions/bonuses, falsification of loan applications, fake supporting loan documentation,. Such mortgage fraud schemes include: property flipping, corporate identity theft, use or threat of bankruptcy to dupe home owners, inflated appraisals Insurance fraud; premium diversions, workers compensation fraud Asset forfeiture or money laundering; and Occupational Crime Occupational crime occurs when crimes are committed to promote personal interests.Crimes that fall into this category include: A ltering books by accountants and overcharging; or cheating clients by lawyers. Organizational or Corporate Crime/fraud A much more costly type of white collar crime occurs when corporate executives commit criminal acts to benefit their company. There are a variety of corporate crimes that include: the creation of inferior products: drugs. Eradicating white collar crime and its impact on the integrity of the CEO To eradicate white collar crime and its impact on the integrity of the CEO, the following measures needs to be put in place: â⬠¢ Law and punishmentAccording to Ball and Friedman (1977:320), ââ¬Å"statues aimed at economic regulation (white-collar crime) often provide multiple, alternative sanctions. The sanctions may include cease and desist orders, injunctive divestiture proceedings, and awards of damages, monetary fines or forfeitures, seizures of goods, revocations of business or occupational licenses and prison sentences. â⬠They concluded that direct imprisonme nt is generally considered criminal sanctions whereas fine or money penalty, awards or damages and other forms of non-criminal sanctions are classified as ââ¬Å"civilâ⬠or regulatory sanctions. â⬠¢ Increased surveillanceInstitutions may decide to increase surveillance that aid in crime prevention, such activities may include auditing of accounts by external auditors in cases that involve embezzlement of funds in institutions, retraining staff so that there will be reduced frauds in an institution. â⬠¢ Social control theory The social control theory was developed by Travis Hirsch, this theory states that the socialization process helps individuals to develop social control and also help individuals to restrain from antisocial behavior; however he stated that there are three forms in which crime could be eradicate or controlled.From the above explanation of the social control theory the occurrence of white collar crime can be prevented by direct control which involves in creased threats of punishment, conscience will also help individuals to refrain from criminal acts, the close relatives will also restrain people from committing crimes and finally the need satisfaction which will lender the individuals not to involve themselves in crime.For the white collar crimes there is need to compensate those who hold high offices with a sustainable amount of salary or wage, this will build control as depicted by the need satisfaction form of control, these officials will have no need to engage in criminal activity, direct control should also be reinforced through the judicial system and the police force, this will increase threats that will eventually reduce the occurrence and frequency of white collar crimes. â⬠¢ Judicial systemThe judicial system has a major role to play in the prevention and control of the white collar crimes, corruption in the judicial system has also resulted to the increased occurrence of these crimes, wealthy people who commit this crimes have the funds to hire and corrupt the judicial system to win their way out of prison, therefore it is important to eradicate corruption in the judicial system in order to control such crimes. Corruption can be reduced by increased salaries to judges and also the development of organizations which specializes in dealing with corruption cases in the judicial system. Corporate initiatives Companies, banks, and financial institutions should play a vital role in fighting or eradicating white collar crime. For instance the Bank of Ghana has directed commercial banks to enhance the security characteristics of cheques to prevent fake cheques scams. The characteristics include the paper which is sensitive to chemical substances, the watermark, ultra-violet ink . on-the-job training is essential to ensure that the staffs are competent to detect fraud. â⬠¢ Ethics A lot of white-collar crimes are committed by persons at managerial and executive levels.Hence, the root of the matter would be that ethics should be observed by those in these positions of trust as they are more prone to committing such crimes because of the opportunities available to them by virtue of their positions. In a capitalist society, management and corporate subjects do not give emphasis to the questions of ethics. Career development of employees is based more on their job performance rather than high ethical standards. The capitalist framework which demands profit maximization and the corporate structure that emphasizes on production deadlines and quota have often created an arena for unethical business practices.To arrest this problem, corporate leaders and top level management should be exemplary examples of ethics and integrity. An explicit code of conduct and business ethics should be adopted that managers and executives are required to read, sign and follow. Apart from this, companies must develop a corporate climate that places ethical values above others. 5. b) Discussed the chall enges in the fight against white collar crime. White collar crimes invoke non-threatening images of guys in suits. And naturally we treat such individuals with respect and courtesy rather than fear and severity.It appears at times that our justice system does not place adequate emphasis on fraud and other white collar crimes especially when it is considered a non-violent victimless crime. One disturbing fact is how the offense is perceived, not as a criminal offense at all, but as simple bad judgment on the part of victims, by both the general public and by the victims themselves. This perception can lead to a tendency to blame the victims for their own losses. It affects how society sees the victims, and how the victims see themselves.This in turn can influence the way the offense is treated by law-enforcement and regulatory agencies, and when offenders are convicted, by the courts which sentence them. Compared to the murderers, rapists and urban gangsters that get the headlines, w hite-collar criminals just donââ¬â¢t scare the public very much. They donââ¬â¢t leave a chalk outline on the sidewalk or blood spatter on the wall. So while violent crimes demand a high profile response from the police, the cost of white collar crime is significant but hard to measure in human costs. The following are the challenges in the fight against white collar crime: â⬠¢ Underestimation of LossesThe price tags attached to some economic crimes are so staggering that they are difficult to comprehend. As an example, the price of bailing out a single corrupt savings and loan institution surpassed the total of all the bank robberies in American history. Recent FBI statistics place the average take of an armed bank robbery at $3,177 while the Data Processing Management Association reports that the average computer crime loss to banks may be as high as $500,000. â⬠¢ The Best Lawyers A white-collar criminal, now rich off the spoils of others, can afford the best lawyers. â⬠¢ LeniencyMany law-makers and judges are of the mind that, with an already overloaded justice system, jails should be used for violent offenders only, so fraudsters are given what are perceived as lenient sentences, or an absurdly low penalty in comparison to the crime committed, such as alternative sentencing (e. g. warnings, probation etc. ) or by ââ¬Å"buying their way outâ⬠of prison by paying a fine or restitution. â⬠¢ Police Resources While few laws are enforced 100%, white collar crime has a much lower margin of non-enforcement. Fraud and other white collar crime is not a priority for police departments.They are required to devote their resources to crimes of violence and, due to lack of trained personnel and financial resources, are not always able to investigate and prosecute suspected fraud and other white collar crime cases. â⬠¢ Favourable Laws Laws are generally written in favour of the white-collar criminal. People who commit white-collar crimes are sometimes the same people who are in a position to see to it that their crimes are not defined too negatively. â⬠¢ Individual Perception Whereas the impact of white-collar criminals on the nation is great, the cost to each individual is small.White-collar crimes do not impact individuals with the same intensity as when one individual is victimized by a petty criminal. REFERENCES 1. Institute of professional Administrators: www. iqps. org/ 2. International Association of Administrative professionals: www. iaap-hq. org 3. What is an Administrative Professional? Who are Administrative Professionals? By Karen Porter: (http://www. theeffectiveadmin. com/articles-for-administrative-assistants/administrative-professionals/) 4. Elthan F Becker and Jon Wortmann(2009) Mastering Communication at Work 5. www. utor2u. net/business/people/communication_barriers. asp ââ¬â communication Barriers 6. Effect of Communication Barriers in Business Communication www. managementstudyguide. com/ef fect-of-communication. 7. Robert C Pozen. (Nov 2009), Harvard Business Review 8. www. managementstudyguide. com 9. www. slideshare. net 10. Journal of Corporate Finance 3(1997) 189-220 11. White collar crime in Malaysia 12. www. articlesalley. com 13. www. crime-of-persuation. com 14. Professional Administration: Guiding Principles and Discipline for the Timeless Executive, (2011) Samuel Mawusi Asafo CMC, CIPM.SMA International Printrite Inc. Ghana CHARTERED INSTITUTE OF ADMINISTRATORS AND MANAGEMENT CONSULTANTS-GHANA P. O. Box LG 645, Legon, Accra. Tel. 028 954 0066 POST EXPERIENCE QUALIFYING PROGRAMME TAKE HOME EXAMINATION BATCH: JANUARY, MAY & SEPTEMBER 2012 SUBJECT: PROFESSIONAL ADMINISTRATION SUBMISSION DATE: SATURDAY 10TH NOVEMBER 2012 Reference Material: Professional Administration: Guiding Principles and Discipline for the Timeless Executive, (2011) Samuel Mawusi Asafo CMC, CIPM. SMA International Printrite Inc. Ghana ANSWER ALL QUESTIONS, TYPE WRITTEN IN 1. 5 SPACING ALL QU ESTIONS CARRY EQUAL MARKS QUESTIONS 1.Discuss the difference between Administrative Management and Professional Administration. 2. Identify communication barriers and describe ways to remove them 3. a) What are the advantages and disadvantages of having one person hold the offices of Chairman of the Board and CEO? b) What are the pros and cons of selecting an insider versus an outsider? 4. What elements would characterize an effective working relationship between a Board and a CEO? 5. a) Examine the importance of eradicating white collar crime and its impact on the integrity of the CEO. b) Discuss the challenges in the fight against white collar crime.
Saturday, January 4, 2020
The Apology - 813 Words
The Apology The apology to me does not really feel like an apology. While Socrates addresses the audience of his accusers, he does not sound apologetic. To me, he actually sounds as though he has a higher than thou view of himself based on the oration of an oracle. While this oracle says that, he is the wisest man in all of Athens he goes around trying to disprove it, in the process inflating his ego. At this point, he starts to remind me of Sheldon from The Big Bang Theory. ââ¬â I know I am smarter than you are, and I have no qualms about telling you because your stupid, we both know it and you just proved it -- Although he does claim that it was a Gods will that he do it. As stated before, an oracle said that he was the most intelligentâ⬠¦show more contentâ⬠¦Socrates is the farthest thing you can get from being a sophist; he neither recruited his students nor wanted payment for his knowledge. Socrates believed that knowledge was to be shared and that everyone who wanted his knowle dge should have it, even if they did not have money. As for corrupting the young that gathered to learn his knowledge, this is another accusation that is false. Meletus claims in the trial that Socrates is the sole corrupter of the youth and that all the other citizens of Athens improve the youth. He claims that Socrates corrupts the youth by teaching them new divinities and teaching them to not believe in the Gods of the state. Socrates and Meletus argue during the trial about Socrates motives to corrupt the youth. Socrates argues that if he did so, it was unintentional while Meletus argues that his efforts to corrupt the youth were in fact intentional. Socrates is corrupting no one. I can almost feel like I am making a circular argument here, and coming back to smartest man thing, BUTâ⬠¦Ã¢â¬ ¦. I sense maybe some Jealousy from Meletus. I wonder if he is upset that the oracle spoken of before called Socrates the wisest man in the world and he is on a one-man mission to have his tantrum out in a courtroom. There-by having the sma rtest man in the land killed so that he is the smartest man in the land. Sounds like â⬠¦ huntsmen take Snow White into the forest and bring me back her heart soShow MoreRelatedApology On The Book Apology1308 Words à |à 6 PagesThe book Apology begins with Socrates making a short speech in which he defends his innocence. He was on trial because of the two ââ¬Å"Laterâ⬠charges against him. Corrupting the youth and disbelief in Athenian gods were among the charges. Before he began his speech, he made it clear to the judges that he is not familiar with the court system and also that itââ¬â¢s his first time in court so that he will be speaking in his ââ¬Å"usual mannerâ⬠. His accusers warned the judges that he has a great persuasive powerRead More The Apology1451 Words à |à 6 PagesIn this paper I will be discussing the four charges brought against Socrates in Platoââ¬â¢s essay The Apology# and why exactly each of these charges is completely fictitious. The f our charges brought against Socrates were that he argued the physical over the metaphysical, he argued the weaker claim over the stronger claim, he went against the gods, and he was corrupting the youth (Singer, lecture, 9-15-11). Each of these four charges is false for varying reasons and I will be addressing each explanationRead MoreThe Apology Of Plato Apology983 Words à |à 4 PagesAt the beginning of The Apology, Socrates is directly speaking to the jury in Athens. In the beginning of the apology Socrates speaks of accusations that have been made against him throughout his life. There seems to be two different kinds of accusations. The first being biases accusations that have been made on throughout his past and the other being recent accusations. Socrates explains he was accused of being, ââ¬Å" a wise man, a student of all things in the sky and below the earth, who makes theRead MoreApology, By Plato s Apology1298 Words à |à 6 Pagesknowing you know nothing.â⬠In ââ¬Å"Apology,â⬠written by Plato, this ethical belief makes a bold appearance demonstrating that true ignorance only revolves around those who think that they know everything. In ââ¬Å"Apology,â⬠Socrates learns that the wisest men are those who do not think of themselves of wise, and rather make an approach of going beyond an authentic method of inquiry and helping others seek their personal philosophies which may result in conflict. In Platoââ¬â¢s ââ¬Å"Apology,â⬠Socrates demonstrates thatRead MorePlatos Apology1219 Words à |à 5 PagesPlatoââ¬â¢s Apology, is by far one of the most logical yet critical thinking text that I have ever read. Plato describes Socrates, the accused atheist and corrupter of youth in ancient Athens, as a true beacon of ethics and morality. The method that Plato uses to depict Socrates on trial gives us a look back on how the trial of a man who encourages one of sound mind to ask questions even to those who are deemed wise in the eyes of others. Despite facing odds that are stacked highly against him, and thisRead More Apology Essay520 Words à |à 3 Pages I am not so certain if Socrates approach to his defense is particularly the brightest one, and it certainly is not an apology as the title has named it, but, there is a certain wisdom in the simple, plain structured arguments he presents. One of the first things he mentions, is for the jury to pardon him, in the case that he should slip into his accustomed way of speaking, just as they would pardon a foreigner for speaking in his accustomed manner. This appears to me to be a wise idea, as it isRead MoreApologies Are The New Teachers971 Words à |à 4 PagesApologies Are the New Teachers (Three things Learned from Platoââ¬â¢s Apology) There are many writers, authors, and speakers in this world that are considered among the greats, but perhaps the greatest two of western speculation are Plato and Socrates. These two hand in hand had a huge influence on American Literature and others as well. Perhaps one of the most remarkable writings of Plato, since Socrates never once himself wrote anything down, is his writing of Apology. The writings of Apology showedRead More Platos Apology Essay1086 Words à |à 5 PagesPlatos Apology Platoââ¬â¢s Apology is the story of the trial of Socrates, the charges brought against him and his maintaining of his own innocence throughout the process. At the onset of the trial, Socrates appears to challenging the charges, which included corrupting the youth, challenging belief in the gods that were accepted and reveled by the State, and introducing a new religious focus, but also belittles his own significance and suggesting that he will not attempt to disprove thatRead More Platos Apology Essay794 Words à |à 4 PagesPlatoââ¬â¢s Apology In the retelling of his trial by his associate, Plato, entitled ââ¬Å"The Apologyâ⬠; Socrates claims in his defense that he only wishes to do good for the polis. I believe that Socrates was innocent of the accusations that were made against him, but he possessed contempt for the court and displayed that in his conceitedness and these actions led to his death. In his defense, Socrates claims over and again that he is innocent and is not at all wise, ââ¬Å"â⬠¦for I know that I haveRead MorePlatos The Apology Essay1530 Words à |à 7 Pageswas ââ¬â such was the effect of them; and yet they have hardly spoken a word of truth.â⬠ââ¬â Plato ââ¬Å"The Apologyâ⬠In ââ¬Å"The Apology,â⬠Socrates represents himself in his own trial. He boldly questions the morality of the people of court. In this report, I will be analyzing portions of ââ¬Å"The Apologyâ⬠in order to reveal the intellectuality of this text within this time frame. I will only discuss bits of ââ¬Å"The Apologyââ¬Å" on account that it is a lengthy piece. However, before discussing the speech it is important to
Friday, December 27, 2019
Lady Macbeth Essay - 1275 Words
Term Paper On Lady Macbeth William Shakespeare created a dynamic character called lady Macbeth; she was the total opposite of what women of the Shakespearian era were supposed to be. Despite qualities women were supposed to have in Shakespeareââ¬â¢s time, Lady Macbeth defied the way most women of her time acted. Lady Macbeth defied the ways of women of her time by being manipulative, ambitious, and ruthless. Womenââ¬â¢s lifestyles back in Shakespeareââ¬â¢s time period was very different from the modern day womenââ¬â¢s lifestyles of today. The characteristics for women of that time was that women should be uneducated, should follow chastity, take care of the home and should not join a profession or get a job. Most women were denied the chance to beâ⬠¦show more contentâ⬠¦Ã¢â¬â [Knocking within.] Hark, more knocking: Get on your nightgown, lest occasion call us And show us to be watchers: ââ¬âbe not lost So poorly in your thoughts. (II, i, 146-155). nbsp;nbsp;nbsp;nbsp;nbsp;Their nerves are raw, every noise seems like an explosion to them. Starring at his bloody hands, Macbeth at last recognizes that the murder is no longer an abstract idea but an accomplished fact. This one act transforms Macbeth horribly because of Lady Macbethââ¬â¢s ambitious ways. Yet Macbeth soon becomes accustomed to his new identity and killing doesnââ¬â¢t mean that much to him any more because he has already ââ¬Å"murderedâ⬠sleep. (Epstain) nbsp;nbsp;nbsp;nbsp;nbsp;Shakespeare uses symbolism to convey a message in the statement made by Lady Macbeth. The blood represents a sign on what Macbeth did to Duncan and he canââ¬â¢t get rid of the blood and he keeps on seeing the blood. Lady Macbeth doesnââ¬â¢t really care about the entire killing and she just says that only water will clear them of what he just did. Macbeth insists that he murdered sleep along with Duncan and Lady Macbeth has no problem going to sleep at night. Lady Macbeth persuaded Macbeth to kill Duncan in order to fulfill her own ambitious ways because she wanted to be the queen. Lady Macbeth ââ¬Å"â⬠¦(is) but a victim of a pathological mental dissociation arising upon an unstable, day dreaming basis, and is due to the emotional shocks of her past experiences. Lady Macbeth is a typical case of hysteria; her ambition is merelyShow MoreRelatedLady Macbeth940 Words à |à 4 PagesLady Macbeth Shakespeare, who was a writer born in Stratford-upon-Avon created many different plays, in which he always portrayed the woman as the ââ¬Å"bad guy.â⬠He was born in 1564 and he was a writer, actor and a dramatist. He wrote many plays, mostly revolving around tragedy such as: Romeo and Juliet, Hamlet and Macbeth. Shakespeare was a respected poet, and writer who received recognition after he passed away, April 23rd. 1616. One of Shakespeareââ¬â¢s well-known tragic plays ``Macbeth`` describes howRead MoreLady Macbeth1003 Words à |à 5 PagesLady Macbeth Lady Macbeth is the most interesting and complex character in the play. She is, in fact, the point on which the action pivots: without her there is no play. Macbeth s most interesting and complex character is most certainly, as the question states, Lady Macbeth. The purpose of this essay is to describe Lady Macbeth s role in the play and discuss why this makes her the most fascinating character. Her evil doings are the main reasons why she dominates the plot so greatly.Read MoreLady Macbeth960 Words à |à 4 Pagesof time of fast decisions and unsure actions is going to expose them to danger or injury. In the play Lady Macbeth proves this to be true. The emotional mistakes shredded the journey Lady Macbeth puts down throughout this play and eventually ends in her death. She feels overpowered by everything that is happening in two ways, both mentally and physically and decides to end her own life. Play Macbeth by William Shakespeare shows two proper ordinary nobles whose lives twisted together in a whirlwindRead MoreThe Relationship Between Macbeth and Lady Macbeth Essay3134 Words à |à 13 PagesThe Relationship Between Macbeth and Lad y Macbeth Macbeth and Lady Macbeth face an extraordinary situation involving a strong supernatural theme and murder and treason of the highest kind. However Shakespeare still cleverly manages to make Lady Macbeth and Macbeth relate to audiences of all eras and to convey a strong moral message within his play. The relationship between Macbeth and Lady Macbeth is fascinating to study. Shakespeare constantly changes their attitudeRead MoreLady Macbeth1937 Words à |à 8 PagesLady Macbeth Essay I am going to do an essay on a play called Macbeth, written by William Shakespeare. The play is a tragedy, believed to have been written in 1611-12. The play is about a man named Macbeth whom, at first is a kind, tender man who later gets tempted by three foul witches to commit a murder in order to become king. Macbethââ¬â¢s wife, Lady Macbeth is thrilled by the prophecies given by the witches and is eager for Macbeth to commit the murder. Macbeth disagrees with his wife greatlyRead MoreThe Death Of Lady Macbeth1177 Words à |à 5 Pagesbegin with one of Shakespeareââ¬â¢s most beloved and tragic plays, Macbeth. Set in 11th century Scotland there is more than one logical way to interpret the signs, symbols and themes of this intriguing story. There is more than one mystery and obscurity in this play that seems to be left open to the interpretation and imagination of the reader. One compelling occasion in particular is that of the death and supposed suicide of Lady Macbeth. Many critics, readers and other interpreters have discussed theRead MoreLady Macbeth vs. Serena Essay836 Words à |à 4 Pages Comparing Serena and Lady Macbeth It is no secret that Ron Rashââ¬â¢s Serena is a very similar character in comparison to Shakespeareââ¬â¢s Lady Macbeth. These two women are very much alike and only slightly different. Though Rash does not claim to base his work off of Macbeth, the two characters resemble each other in a couple different ways. Serena and Lady Macbeth are alike in the fact that they are both ambitious, malicious, and cold-blooded women who are driven by their love for their husbands.Read MoreEssay on Lady Macbeth1109 Words à |à 5 PagesThroughout the tragedy of Macbeth we observe two people on their attempt to gain power and glory through various foul actions. It can be argued that Lady Macbeth is the one responsible for triggering a slippage into this inevitable situation that led to their descent. From the moment Macbeth became aware of his ââ¬Å"fateâ⬠Lady Macbeth started forming her own imaginary world in which her evil plans seemed likely to be effective. The thought of she and her husband being royalty makes her dismiss rationalityRead MoreThe Downfall of Lady Macbeth1371 Words à |à 6 PagesIn Shakespeareââ¬â¢s Macbeth, Lady Macbethââ¬â¢s desire and ambition leads to her eventual downfall. When Lady Macbeth hears of Macbethââ¬â¢s prophecy she dreams of the glory and high-standing that awaits being queen. She cannot withhold her ambitions and she is willing to manipulate fate to bring about Macbethââ¬â¢s prophecy. She invokes evil spirits to be filled from head to toe with cruelty to do the evil actions necessary to make Macbeth king and to remove all remorse and pity for her action from her heart.Read MoreLady Macbeth Essay1334 Words à |à 6 PagesShakespeare portrays Lady Macbeth differently throughout the play. Before the murder of Duncan, she is more naà ¯ve and pure compared to after the murder of King Duncan, where she starts the road to insanity and nervousness. At the very start of the play during Act 1 Scene 5, Lady Macbeth and M acbeth have a very close relationship and they would tell each other anything. At the start of the scene, Lady Macbeth is reading a letter from her husband, Macbeth. Within the letter Macbeth tells her a lot of
Thursday, December 19, 2019
The Indian Population are Living in Severy Poverty
Bajpai, Sachs and Volavka (2005) studied the confronts to meet the MDGs in India. The authors revealed that India would attain some of eight goals like reducing extreme poverty and would miss many of others like reducing hunger, reducing infant mortality rate, achieving environmental sustainability. Indian population living in severe poverty has been diminishing sharply since economic reforms started in 1991. The headcount poverty rate in 2015 would be less than half of the rate in 1990, as called for by the Millennium Development Goals. The proportion of children in India who are continually malnourished remains very high. India is far behind in the goal to realize universal primary school enrolment. In 1999-2000, the net primary enrollment rate was only 52.5 percent. It is a long way off from the goal of 100 percent enrollment by 2015. Primary completion rates increased slightly between 1993 and 2000, from 58.7 percent to 61.4 percent. But dropout rates are clearly still very high. Gender disparity in schooling differs across India. It is highest in Bihar, Uttar Pradesh, and Rajasthan, where gross primary enrollment rates are about two-thirds for females than for males. Development on the targets to reduce child and infant mortality has been made in India. The country is not likely to meet the goal of reducing these rates by two-thirds between 1990 and 2015 if decreases remain at their present rate. India is suffering from deteriorating crises of water, soils, and
Wednesday, December 11, 2019
Small Businesses Sole Proprietorships
Question: Discuss about theSmall Businessesfor Sole Proprietorships. Answer: Introduction This assignment seeks to analyze the article related to the nature of small businesses, how they operate, current trends as well as the various challenges and barriers they face in the global markets. SMEs are described as privately owned corporations, partnerships or sole proprietorships with less than nine employees and have less annual revenue as compared to regular sized businesses or corporations (Thornton, 2011). Examples of small businesses are service or retail shops, convenience stores, restaurants, and small grocery stores. Challenges Facing Small Businesses Even though some small businesses manage to stand and move against all the odds, they are faced with several challenges, most of which lead to business failures and eventual collapse. Among these challenges are susceptibility to internal power wrangles, planning problems, cash-flow concerns, excessive regulatory barriers and the inability to evaluate the businesses. Businesses that are run by the family have many conflicts and large extents of friction between employees since employees find it easy to criticize and despise their bosses who happen to be their kin. They tend to be lazy since the business is theirs to run and there is less or no risk of being dismissed (Baker, 2011). Small businesses are left behind as far as succession planning is concerned. Very few of these businesses have formal succession plans. They also lack access to funding which is necessary for proper growth since it is difficult for them to access the various loan facilities and grants offered by financial lending institutions. It is also difficult for them to attract investors who can boost the businesses due to their small operation scales. SMEs struggle so much at the hands of regulatory authorities that they consider the best option is to close down rather than push through the challenges posed by regulations (Johnson, 2007). Apart from that, they have been found to shy away from processes that head towards the direction of global expansion. This is because they cannot manage to hire qualified professionals to train and take them through the strategies needed to excel in international markets. Research Problem The researcher has adequately formulated the research problem. The main here was to give us a brief overview of how small businesses, particularly in Europe and Russia, operate as well as the challenges they face. It has further discussed the number of small firms that have been opened, the parliamentary systems surrounding them and the influenced caused by bureaucratic systems on the life of the small businesses. The concept of the number of employed people without employees is also analyzed alongside the problems of corruption and unemployment. It has described that small businesses play a significant role in the economy and social life of people. Unemployment levels are rising alongside inflationary pressures. Regulatory and legislative procedures are mostly hindering many small businesses desire to expand and operate at higher levels. It has lastly described how corruption has established its roots and is, therefore, becoming a significant challenge for small businesses and shows how the economy of the corrupt nations is suffering. Objectives of the Study The researcher has clearly stated the objectives of the survey. The intention was to examine global issues surrounding small businesses in various countries. The questions about corruption, unemployment, legislative processes, and bureaucratic processes have been explained. The main problem here is to make readers understand the factors that can modify the life of small companies which translates to the conclusion that all the factors mentioned above should be thoroughly analyzed to forecast how the economy could change as well as the resolutions that can improve the lives of small businesses. The researcher has provided data that contains percentages, figures, references as well as graphs to adequately analyze the major topics of concern. This is in conformation to the scientific requirements. Small Businesses and Decentralization of Economic Power Decentralization is used in this case to denote the process of redistributing market operations of the businesses across various regions away from the central powers of one big business (Ezcurra, 2011). The researcher suggests that in a given urban area, there are a lot of goods and services that must be provided to consumers but leaving one large company to meet the demands will not be effective. There is a claim that if it happens that way, then it gives monopoly powers to the big businesses that raise prices and leads to exploitation of consumers. It is, therefore, wise enough to allow many companies to operate in that area which brings competition and thus leads to the right prices and quality of goods and services offered (Wales, 2011). Indices of Euro Stat It was noted that the number of closed small businesses decreased by 8533 companies in Spain from 2009 to 2012. 72740 fewer companies were closing down in the United Kingdom in 2012. In France, 20% fewer companies closed. Romania experienced a decrease of -84%. Latvia and Lithuania registered -52% and -76% decrease respectively. Implication It can be affirmed that the governments are working hard in their attempts to eliminate economic crisis. I can further learn that the fundamental aim of small businesses is to decrease unemployment or maintain it where it is. The disparity between the poor and the rich can also be reduced here when small businesses flourish. Conclusion The paper has adequately analyzed the concept of small business operations, factors surrounding them, the challenges facing them as well as the various strategies that can be helpful in improving the life of such firms that aim at reducing unemployment and poverty levels. References Baker, W. E., Sinkula, J. M. (2009). The complementary effects of market orientation and entrepreneurial orientation on profitability in small businesses. Journal of Small Business Management, 47(4), 443-464. Bates, T., Jackson, W. E., Johnson, J. H. (2007). Introduction: Advancing research on minority entrepreneurship. The Annals of the American Academy of Political and Social Science, 613, 10-17. Glenn Richey Jr, R., Haozhe Chen, Rahul Upreti, Stanley E. Fawcett, and Frank G. Adams. "The moderating role of barriers on the relationship between drivers to supply chain integration and firm performance." International Journal of Physical Distribution Logistics Management 39, no. 10 (2009): 826-840. Rodrguez-Pose, A., Ezcurra, R. (2011). Is fiscal decentralization harmful for economic growth? Evidence from the OECD countries. Journal of Economic Geography, 11(4), 619-643. Thornton, P. H., Ribeiro-Soriano, D., Urbano, D. (2011). Socio-cultural factors and entrepreneurial activity: An overview. International small business journal, 0266242610391930. Wales, W. J., Gupta, V. K., Mousa, F. T. (2011). Empirical research on entrepreneurial orientation: An assessment and suggestions for future research. International small business Journal, 0266242611418261.
Tuesday, December 3, 2019
Television education and Technology In Todays Soci Essay Example For Students
Television education and Technology In Todays Soci Essay ety Television, Education and Technology in Todays Society The advance of mass communication is natural in a technologically advanced society. In our countrys short history, we have seen the development of the printing press, the radio, the television, and now the Internet, all of these, able to reach millions of people. Equally natural, is the poisoning and corruption of these medias, to benefit a few. Television and the Internet dont have to be a weapon against us, used to sway our opinions to conform to people who care only about their prosperity, and not ours. We can stop being motivated by technological advances; instead we can laugh at it as a cheap attempt to persuade our minds. We will write a custom essay on Television education and Technology In Todays Soci specifically for you for only $16.38 $13.9/page Order now We often hear phrases like, television has changed the world. America is a society where everyone owns at least one television set, and is the most used appliance in households where watching it daily has become routine. Nowadays, people dont find the time for an art exhibit, crafts, or even a candle lit dinner. Deadlines, cell phones, basketball games, the internet, fast food and total chaos, seems to be on everybodys minds. Today, the majority of parents work, and watching television is considered by most good quality family time. Its a time where families catch up on each others lives, and are entertained without incurring the expense of going out to a movie. The television also doubles as an inexpensive babysitter. Children keep their eyes glued for hours on end to the magical box. Not only, is the television an inexpensive baby sitter its educational, with programs such as Sesame Street giving children opportunity to learn at home through imagery in an entertaining way. While, the children are glued to the set parents relax and enjoy themselves. Classrooms are being forced to move from the printed word into the world of entertainment in hopes of keeping the attention of children. In Neil Postmans Amusing Ourselves to Death, he aims to demonstrate the overpowering influence of entertainment and materialism on our daily lives, along with the negative effect on humanity. One aspect that Postman gears his defense toward is visual imagery. Public discourse as he calls it is conducted largely through visual imagery, which is to say that television gives us a conversation in images, not words(Postman, 7). Television depends on the visual image more than the content of information being processed. Sadly, the image conveyed often takes precedent over the viewers common sense. Unfortunately, future generations will suffer from the negative impact of television at a more extensive level. As we view it as a source of entertainment, they will rely on it as a convenient source of knowledge, a home teacher. Television has become the means by which we view the world, and interpret right from wrong. Spoken communication is not only no longer necessary, but is slowly failing to survive in a world monopolized by the visual medium. As Neil Postman states, television is our cultures principal mode of knowing about itself. Therefore, and this is the critical point how television stages the world becomes the model for how the world is properly to be staged(Postman, 92). This holds true whether it be religion, education, politics or the news media. Religious services normally preformed in churches, can now be viewed on your television, with the addition of guitar music, and silly costumes, again to entertain us. Postman makes reference to a Roman Catholic priest mixing his religious teaching with rocknroll music(93), while another priest wore a baseball hat during a public function while being telecasted. Postmans comment was whereas the latter believes that you dont have to be holy, the former apparently believes you dont have to be holy at all (93). Evangelists preach in elaborate settings all paid for by their followers that were deceived out of savings to reach salvation in the kingdom of heaven. Followers are paying to be entertained. Believing in your god, praying and living a good life is all thats needed to live with God. How nave can humanity be? The use of the Internet plays an integral role in the education of students worldwide. .u34a49dc7796fb9dbbca02dbd293aed67 , .u34a49dc7796fb9dbbca02dbd293aed67 .postImageUrl , .u34a49dc7796fb9dbbca02dbd293aed67 .centered-text-area { min-height: 80px; position: relative; } .u34a49dc7796fb9dbbca02dbd293aed67 , .u34a49dc7796fb9dbbca02dbd293aed67:hover , .u34a49dc7796fb9dbbca02dbd293aed67:visited , .u34a49dc7796fb9dbbca02dbd293aed67:active { border:0!important; } .u34a49dc7796fb9dbbca02dbd293aed67 .clearfix:after { content: ""; display: table; clear: both; } .u34a49dc7796fb9dbbca02dbd293aed67 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u34a49dc7796fb9dbbca02dbd293aed67:active , .u34a49dc7796fb9dbbca02dbd293aed67:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u34a49dc7796fb9dbbca02dbd293aed67 .centered-text-area { width: 100%; position: relative ; } .u34a49dc7796fb9dbbca02dbd293aed67 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u34a49dc7796fb9dbbca02dbd293aed67 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u34a49dc7796fb9dbbca02dbd293aed67 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u34a49dc7796fb9dbbca02dbd293aed67:hover .ctaButton { background-color: #34495E!important; } .u34a49dc7796fb9dbbca02dbd293aed67 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u34a49dc7796fb9dbbca02dbd293aed67 .u34a49dc7796fb9dbbca02dbd293aed67-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u34a49dc7796fb9dbbca02dbd293aed67:after { content: ""; display: block; clear: both; } READ: Ferdinand Porsche Essay Thesis The distance between people now becomes non-existent with this .
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